Oil futures rise amid easing supply

Source: The Wall Street Journal
© Scanpix/AP
Crude oil jumped up and extended gains from the last session due to decreasing US stockpiles and falling Dollar that is believed to foster the commodity's demand. WTI futures for November delivery stepped up $0.59 to trade at $49.12 per barrel, whereas Brent futures for delivery in November increased $0.38 to reach $52.30 per barrel. US oil production dropped 120,000 barrels per day in September compared with a month ago, the EIA reported. 
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